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Algoma Steel Group (ASTL)
NASDAQ:ASTL
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ASTL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.67 - $12.14
Previous Close$9.42
Volume797.57K
Average Volume (3M)535.89K
Market Cap
$982.07M
Enterprise Value$776.52M
Total Cash (Recent Filing)C$452.00M
Total Debt (Recent Filing)C$157.60M
Price to Earnings (P/E)―
Beta0.94
Next Earnings
Feb 05, 2025EPS Estimate
-$0.32Last Dividend Ex-Date
Nov 27, 2024Dividend Yield2.15%
Share Statistics
EPS (TTM)-1.05
Shares Outstanding104,123,072
10 Day Avg. Volume488,094
30 Day Avg. Volume535,889
Standard Deviation0.13
R-Squared0.34
Alpha-0.00438
Financial Highlights & Ratios
Price to Book (P/B)0.69
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)13.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$13.96Price Target Upside48.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Algoma Steel Group News
PremiumCompany Announcements
Algoma Steel to Join Energy Convergence Conference
PremiumCompany Announcements
Algoma Steel Reports Q2 2025 Earnings Amid Transformation
PremiumCompany Announcements
Algoma Steel Reports Loss Amid Market Challenges
PremiumCompany Announcements
Algoma Steel Prepares to Unveil Q2 Financial Results
PremiumCompany Announcements
Algoma Steel Projects Q2 2025 Financial OutlookBulls Say, Bears Say
Bulls Say
Capital ManagementAlgoma plans to relaunch NCIB, which would allow it to repurchase up to 5% of shares/warrants and give it greater capital allocation optionality.
EAF ProjectThe transformation from BoF-based steelmaking to EAF will translate to higher through-cycle profitability, lower costs, and higher multiples over time.
Market PositionAlgoma remains well positioned to benefit as market fundamentals improve and demand rebounds.
Bears Say
EarningsFY2Q'25 results will mark a trough earnings given the ongoing demand softness.
Financial PerformanceGiven the currently challenging pricing environment and ongoing demand softness, FY2Q'25 results will mark a trough.
Pricing EnvironmentThe pricing environment remains very challenging and competitive, while demand remains subdued.
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Ownership Overview
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Insiders
2.89% Mutual Funds
58.86% Other Institutional Investors
34.90% Public Companies and
Individual Investors
ASTL FAQ
What was Algoma Steel Group’s price range in the past 12 months?
Algoma Steel Group lowest stock price was $6.67 and its highest was $12.14 in the past 12 months.
What is Algoma Steel Group’s market cap?
Currently, no data Available
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Feb 05, 2025 which is in 45 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on Nov 06, 2024. The company reported -$0.684 earnings per share for the quarter, missing the consensus estimate of -$0.196 by -$0.488.
Is Algoma Steel Group overvalued?
According to Wall Street analysts Algoma Steel Group’s price is currently Undervalued.
Does Algoma Steel Group pay dividends?
Algoma Steel Group pays a Quarterly dividend of $0.049 which represents an annual dividend yield of 2.15%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -$0.32.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 104,423,070 shares outstanding.
What happened to Algoma Steel Group’s price movement after its last earnings report?
Algoma Steel Group reported an EPS of -$0.684 in its last earnings report, missing expectations of -$0.196. Following the earnings report the stock price went up 6.377%.
Which hedge fund is a major shareholder of Algoma Steel Group?
Among the largest hedge funds holding Algoma Steel Group’s share is Donald Smith & Co. Inc. It holds Algoma Steel Group’s shares valued at 82M.
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Algoma Steel Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.96 (48.20% Upside)
$13.96 (48.20% Upside)
Blogger Sentiment
Bullish
ASTL Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 778.1K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.70%
12-Months-Change
Fundamentals
Return on Equity
-10.29%
Trailing 12-Months
Asset Growth
14.20%
Trailing 12-Months
Company Description
Algoma Steel Group
Legato Merger Corp is a blank check company.
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ASTL Company Deck
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ASTL Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging quarter for Algoma Steel Group with a decline in revenue, shipments, and adjusted EBITDA due to soft market conditions. However, strong liquidity and progress on the EAF project, along with insurance proceeds, provide some positive aspects to the company's overall situation.Read More>---
ASTL Stock 12 Month Forecast
Average Price Target
$13.96
▲(48.20% Upside)
Technical Analysis
Best Analysts Covering ASTL
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+14.51%
reiterated a buy rating last month
Copying Ian Gillies's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +14.51% per trade.
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